Daily News

Source: Financialpost March 09, 2025

China hits Canada with retaliatory tariffs on canola oil, pork and seafood

Pushes back against Canada's EV and steel and aluminum tariffsChina said it will impose retaliatory tariffs on imports of rapeseed (canola) oil, pork and seafood from Canada as the trade war escalates. We apologize, but this video has failed to load. Try r...

Source: Financialpost March 08, 2025

Trump threatens Canada with tariffs on dairy and lumber 'as early as today'

New duties would be part of reciprocal tariffs president has been proposing Get the latest from Barbara Shecter straight to your inbox Sign Up United States President Donald Trump says he is considering imposing tariffs on Canadian dairy and lumber, p...

Source: Financialpost March 08, 2025

America finding out it’s very difficult to import eggs

The lack of an established egg trade with the United States means local producers have to play catch-upUnited States officials are searching across oceans to find enough eggs to ease a shortage that’s sent prices soaring, forcing grocery stores to limit cust...

Source: Financialpost March 08, 2025

Canadian retailer Hudson's Bay prepares to file for bankruptcy

Founded in 1670, Hudson's Bay has been penalized by years of rising inflation, as have other chains that sell non-essential productsHudson’s Bay, Canada’s oldest retailer, is planning to file for bankruptcy, according to people with knowledge of the matter....

Source: Financialpost March 08, 2025

Costco to reduce Canadian products in U.S. stores in wake of tariffs

Consumers can expect a price increase on items imported from Canada, China and MexicoCostco Wholesale Corp. says it is looking to reduce its reliance on Canadian products in its stores in the United States in response to tariffs from U.S. President Donald Tr...

FP Comment Source: Financialpost March 08, 2025

Jack Mintz: Canada's perilous place in Trump's new world order

The next election should be about whether we negotiate new arrangements with the Americans or tilt toward our allies in Europe and AsiaTwo events this past week clearly demonstrate that the world order has been turned upside down and inside out. The diplomat...

Economy Source: Financialpost March 08, 2025

Trump's trade war flip-flopping is costing Canadian businesses millions — and that's before the tariffs

'The opportunity costs of deals and trades that are not happening are likely staggering' Get the latest from Barbara Shecter straight to your inbox Sign Up United States President Donald Trump’s on-again, off-again tariff threats are costing some Cana...

Economy Source: Financialpost March 08, 2025

Buy-Canadian backlash to tariffs could hit wall of cost, emotional fatigue, expert warns

Donald Trump's seesawing likely to keep emotions running high, for nowAngry Canadians are on a patriotic shopping spree, but marketing experts warn their passion could run out of steam as emotional fatigue and regular habits set in and time and money factors...

Source: Financialpost March 07, 2025

Algoma Steel pauses shipments to U.S. as tariffs force companies to rethink how they do business

If more tariffs imposed March 12 steelmaker would instantly cut off all exports stateside, says CEO Get the latest from Gabriel Friedman straight to your inbox Sign Up On Wednesday morning, the second day of the United States-Canada trade war, Mike Ga...

Source: Financialpost March 07, 2025

Posthaste: Trump might not be so happy when he sees what tariffs do to his own economy

Spectre of recession raises its head in world's largest economy We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Trump might not be so happy when he sees what tariffs...